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Venture Capital News
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Indian startups with ‘strong fundamentals’ will survive: VC Vinod Khosla
- Venture capitalist Vinod Khosla predicts that Indian startups that are "not so good" will go bankrupt in 2023.
- Khosla expects that innovative ideas will still receive funding, but with lower valuations than before.
- Khosla anticipates that there will be another hype cycle in four years, during which fewer companies will thrive.
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Passed on deal because CEO was rude to waiter: American VC Michael Arrington
- Venture capitalist Michael Arrington declines business deal due to CEO's behavior.
- Michael tweets "he passed on an investment deal that he was almost going to say yes to "because the CEO was rude to our waiter".
- Arrington's decision to pass on the deal was widely celebrated on Twitter, resulting in the post going viral.
- Twitter users expressed their agreement with Arrington's decision, with one user stating that there was "No excuse to behave like that ever," and another calling it a "good call".
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